Gingrich suggests passing Obama tax cuts

Former House Speaker Newt Gingrich (R-Ga.) says Republicans may surprise President Barack Obama by agreeing to pass tax cuts, as long as they are not accompanied by tax increases in other sectors.

“I think that the Republicans would be very wise to say we’ll pass any tax cuts that the president will sign, as long as it doesn’t have the poison pill to tax increases,” Gingrich said on "Fox News Sunday."

Gingrich also defended Republican proposals to extend the tax cuts for high-income earners, saying that the nonpartisan Congressional Budget Office’s analysis, which reported that the effect of those tax cuts on the economy will be weak, is wrong.

“First of all, the bureaucrats at the Congressional Budget Office who don’t create jobs and aren’t entrepreneurs gave you their bureaucratic analysis of what will create jobs and stimulate the economy,” Gingrich said. “Virtually every entrepreneur in this country says … ‘I’m not creating any jobs while this guy’s president because he simply wants to take away the money.’”

He slammed Obama for what he called a bad record on the economy.

"This president set an all-time record for the number of Americans on food stamps," Gingrich said. "That's not where you want to go; you want to go to a paycheck not a food stamp."